Top 5 reasons why people avoid investing in mutual funds

Mr. Varma was an ambitious middle aged software industry professional. He was a careful investor and risk averse. While he was technologically savvy and dreamt big for a luxurious lifestyle, there was something that put him in the rear seat. Wondering what it could be? It was the fear for investing in mutual funds. Does this strike a chord with you? Have you heard people say, “I’ve lost money in mutual funds” and kept yourself at bay from investing in mutual funds?